From Nasdaq: 2025-06-11 18:20:00

Tesla, known for EVs and energy storage, aims to expand into robotaxi operations with AI. Nvidia CEO Jensen Huang supports Tesla’s autonomous driving ambitions, emphasizing the company’s lead in the industry. Musk predicts all cars will need to be smart cars in the future, echoing sentiments on autonomous driving technology.

Prominent Tesla bulls Dan Ives and Cathie Wood are optimistic about the company’s future, with Ives raising his price target to $500 and Wood setting a five-year target of $2,600. Despite competition from Alphabet’s Waymo and ride-hailing giants Uber and Lyft, Tesla’s robotaxi launch could be a game-changer.

Tesla stock’s unusual behavior makes traditional valuation metrics less useful. Recent volatility, Musk’s exit from public sector duties, and the impending robotaxi rollout have impacted stock movement. Political feuds and uncertainties surrounding the company may affect long-term prospects, prompting caution in investing at current prices.

Our expert team issues “Double Down” stock recommendations for potentially lucrative opportunities. Past alerts for Nvidia, Apple, and Netflix show significant returns. Join Stock Advisor for alerts on three promising companies. Board member Suzanne Frey has positions in Alphabet, Nvidia, and Tesla. The Motley Fool has positions in and recommends Alphabet, Nvidia, Tesla, Uber, General Motors, and Lyft.



Read more at Nasdaq: Worried About Tesla’s Robotaxi? These Two Words From Nvidia CEO Jensen Huang Might Change Your Mind.